Our Financial Path.

Start Saving, Investing and Reach Financial Freedom.

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Ways to Reach Financial Independence

There are so many ways to be financially free. Anyone can climb up the stages of FI with a simple nine to five and reach financial freedom relatively quickly. If you work a steady job with good security and simply save until your nest-egg is sufficient to support your expenses, you can retire early or move on to work on projects you enjoy.
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Reach Financial Abundance

We talked about it in the past; we plan on reaching financial freedom in less than a decade. There is no secret to reaching financial freedom; work hard, spend less than you earn, and save a large portion of your income.

For every dollar you save, you are slowly buying yourself time. If you are saving 75% of your income, you are buying yourself three years of retirement for each year you work.
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So, What is Your Plan?

With the New Year comes new dreams, new objectives, and new plans. In our case, this year is our new baby year, where we will focus all our energy on raising our baby girl, but there will be much, much more to come.

This is all part of our life plan. We do not plan every little bit of our life, we need some spontaneity, but the general outline greatly helps.
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Win 85,249 Books!

Since I started reading one book per week, this has been an enlightening experience and I highly recommend it to everyone. I used to read three, maybe four, books a year. Slightly better than the three American out of ten who did not pick up a book at all during the past year but still less than the 12 books per year readers go through on average.
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Spend on What’s Right

I don’t know where you are at the moment but where we are from, it is snowing. It is snowing a lot and it will snow much, much, more in the next 4 months to come. When we were living in the city, we had an indoor garage and ever since we owned a house, we paid someone to plow our driveway.
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We are Taking a Mini-Retirement

We are glad to announce to the world that we are having a little girl in a few months!!! We are so happy to welcome a little one on our journey and cannot wait to share this amazing world with our little girl.

Raising a child is not an easy feat and it comes with a lot of unknowns. One thing we know, however, is that we want to be present for our child and enjoy every moment we can with her.
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The $100,000 Car

What if we started spending all of our paychecks instead of saving half of them? What if we started living paycheck-to-paycheck without regard to savings or investments?

 

After all, everyone else is doing it!

 

With all that money, we could drive brand new cars to work. Nothing fancy but we could finance a 2018 Honda Civic sedan and, since everyone else is doing it, an SUV to go with it.
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Finish the Year a Winner

The year-end is right around the corner, leaving us a bit more than a month to finish on top. As part of our Better Self series, we explore the little things that can, over the long-run, make a big difference in your life.

 

Revise your finances

In this Holiday time of gifts and expenditures, it is important to keep your spending in line with tools like Mint or Personal Capital and cut the inessentials.
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What is Money and How to Make it

This week, I have been reading The Wealth of Nations by Adam Smith. This 1776 masterpiece reflects upon economics, the division of labour, productivity, and free markets at the beginning of the Industrial Revolution. However, even if it is centuries-old, it is still very enlightening and I highly recommend you pick up a free copy at your local library.

It got me thinking how strange it is that things you value the most for their use have often very little value in exchange and those with the greatest value of exchange have very little use.
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Open Book – Are we Crazy?!

This is part of our Open Book series, you can start here if you did not read our first post.

 

Winter is coming and it has been a while since our last Open Book series. We try to be as accurate and transparent as possible to give you a proper idea of our finances. We attribute most of our success our high savings rate and constant tracking of our progression with tools such as Mint or Personal Capital.
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